Author(s)

Chen Jun, Oleksii A. Chugaiev

Corresponding Author

Chen Jun

ABSTRACT

The paper assesses the difference between small, medium-sized and large economies in foreign trade indicators (trade openness, balance, prices and growth). It supports the idea that foreign trade growth promotes growth, while there is usually no significant effect of trade openness, current account balance and terms of trade, considering foreign trade China and Russia behave according to the size of their economies.

KEYWORDS

Country size, large economies, international trade